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Using the lower of cost or market, what should the total inventory value be for the following items: Inventory Cost Market Value Total Cost Total

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Using the lower of cost or market, what should the total inventory value be for the following items: Inventory Cost Market Value Total Cost Total Market Lower of Cost or Item Quantity per Unit Price Market 178 $12 $1,780 $2,136 per Unit Price $10 B 94 $14 $10 $1,316 $940 56 $20 $23 $1,120 $1,288

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